Supply chain fintech Twinco Capital has secured a €50m debt facility to accelerate its growth across Europe.
In brief:
-The debt facility adds to a $12m equity and debt raise in January this year
-Twinco adds to the $12m it raised at the start of the year in equity and debt with its latest facility with BBVA Spark.
-Its support adds to backing from investors including Quona Capital, Working Capital Fund, Mundi Ventures and Finch Capita, with BBVA Spark becoming one of Twinco’s key financial partners on the debt side.
What does this mean?
“We are thrilled to partner with BBVA Spark to help customers build truly sustainable and competitive global supply chains,” Nolasco said.
